Slide 1: Transformational High-grade Lithium Projects Acquisition
Transformational High-grade Lithium Projects Acquisition Project Presentation - October 2023 ASX:AX8 Accelerate Resources Limited | ASX:AX8 | Investor Presentation October 2023 1
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Accelerate Resources Limited (Accelerate or the Company). It contains general No representation or warranty, express or implied, is made in relation to the fairness, accuracy or completeness of the information about the Company’s activities current a
Slide 3: Karratha Lithium Projects Location
Karratha Lithium Projects Location Tier 1 mining jurisdiction with world-class infrastructure Transformational Acquisition in emerging major West Pilbara lithium camp New discovery with high grade spodumene rich lithium at surface Scale Potential with significant ‘walk up’ lithium drill targets News
Slide 4: World Class Infrastructure and Access
World Class Infrastructure and Access Increased potential for toll processing options 35 km 10 km Along the trend to to Karratha - Andover Lithium Mining Service Discover Center 2 km 2 km to nearest rail to sealed road 20km 60 km to Dampier Port by road to Wickham - Mineral Processing Centre Note: T
Slide 5: Prinsep Lithium Project – Pedigree of the District
Prinsep Lithium Project – Pedigree of the District A new discovery in the Karratha-Roebourne Lithium district • Acquisition of 90km2 of tenure within the active and rapidly emerging 40km long Karratha-Roebourne lithium belt • Prinsep Lithium Project is located 35km west and along trend from Azure’s
Slide 6: Scale Potential – Aerial View (looking east towards Andover)
Scale Potential – Aerial View (looking east towards Andover) Extensive northern and southern pegmatite zones Azure’s Andover Project Osborne JV (GreenTech & Artemis) GreenTech Metals Kobe Project up to 1.8% Li2O1 Outcrops to 1.29% Li2O Outcrops to 1.87% Li2O Accelerate Resources Limited | ASX:AX8 |
Slide 7: Prinsep - Two Large Spodumene-rich Pegmatite Systems Identified
Prinsep - Two Large Spodumene-rich Pegmatite Systems Identified • Two large outcropping spodumene-rich pegmatite systems spanning across the entire 2km width of the tenement area and beyond • Northern: up to ~150m wide x 2km long • Southern: up to ~90m wide x 2km long • High-grade lithium assays up
Slide 8: Prinsep: Scale Potential
Prinsep: Scale Potential Schematic showing potential scale relative to initial mapped pegmatites at surface at the Liontown Resources Ltd Kathleen Valley Project Pegmatite Zone mapped or inferred to date Covered fold nose closure to be tested 0 250 500 2016 Liontown Kathleen Valley project post-acqu
Slide 9: Drive up targets – Easy Access
Drive up targets – Easy Access Prinsep South Surface rock sample results up to 1.87% Li2O (Sample ID AA319) Prinsep North Surface rock samples results up to 1.29% Li2O (Sample ID AA323) Accelerate Resources Limited | ASX:AX8 | Investor Presentation October 2023 9
Slide 10: Prinsep Lithium Project – Up to 1.87% Li2O
Prinsep Lithium Project – Up to 1.87% Li2O Early reconnaissance sampling indicates coarse spodumene-rich mineralisation and favourable LCT geochemistry Spodumene-bearing pegmatite samples from the Prinsep Lithium Project Spodumene Spodumene Spodumene Coarse grained spodumene in pegmatite (left photo
Slide 11: Emerging Impacts
Emerging Impacts Lithium discoveries across the 40km Karratha-Roebourne Belt have driven 100% to +700% share price* increases of adjacent companies over last 6 months 1,120% 920% AZS (718%) 720% RDN(716%) 520% 320% GRE(340%) 120% ARV(133%) AX8 (-4%) (80%) Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 AZ
Slide 12: East Pilbara Lithium Projects
East Pilbara Lithium Projects Accelerate Resources Limited | ASX:AX8 | Investor Presentation October 2023 12
Slide 13: East Pilbara Lithium Project
East Pilbara Lithium Project • The East Pilbara Lithium Project is 100% owned by AX8 • 7 exploration licenses (~ 800km2) in WA’s East Pilbara region • Located 200km east of Port Hedland and 30km south-east of Marble Bar • World-class lithium exploration and discovery province: • Global Lithium’s (AS
Slide 14: Windi Lithium Project, East Pilbara
Windi Lithium Project, East Pilbara • 184 km2 land package adjacent to Tambourah Metals in the East Pilbara • 4km wide target zone (5-9km from the granite margin) • 10km strike length of the prospective zone which represents a substantial target • Known Li-Ta occurrences associated with the interpre
Slide 15: Woodie Woodie North Manganese Project
Woodie Woodie North Manganese Project Accelerate Resources Limited | ASX:AX8 | Investor Presentation October 2023 15
Slide 16: Woodie Woodie North Manganese Project
Woodie Woodie North Manganese Project Premium location and close to infrastructure 66km 240km to nearest rail to Port of Port Hedland 70km 30km to Woodie Woodie to sealed road manganese mine 10km 358km2 to gas pipeline of prospective geology Accelerate Resources Limited | ASX:AX8 | Investor Presenta
Slide 17: High-grade manganese corridor
High-grade manganese corridor • Maiden JORC Resource due to be released in November 2023 • 27,500m RC drilling completed by previous explorer • ~9,000m RC drilling completed by Accelerate Resources • Located 5 mineralised structures with significant Mn • Continue drilling success ▪ Broad, moderate t
Slide 18: Corporate Overview
Corporate Overview Capable and experienced board with a proven track record Capital structure 561m $11m $6.8m $4.4m Nil (Indicative market cap post capital raising) Shares on issue Market cap Enterprise value Cash at bank Debt Richard Hill Yaxi Zhan Dr. Joseph Drake-Brockman Non-Executive Chairman M
Slide 19: Investment Highlights
Investment Highlights Highly prospective Karratha Lithium Project Experienced leadership team with a in Tier 1 mining jurisdiction with world class proven track record in discovery of infrastructure world class lithium deposits Significant new high-grade Lithium Pipeline of lithium projects in East
Slide 20: Next Steps
Next Steps Dec 2023-Mar 2024 • Maiden drilling at Prinsep Lithium November 2023 Project • Continued Target generation at • Continue target generation at Karratha lithium projects Prinsep Lithium project and other • WWN diamond drilling and Karratha Projects October 2023 • Target generation at East P
Slide 21: Contact us
Contact us Yaxi Zhan Managing Director P: (+61) 08 6248 9663 E: Yaxiz@Ax8.com.au Isaac Stewart Investor Relations P: 0423 306 794 E: istewart@canningspurple.com.au Office Address Ground Floor 1/16 Ord Street, West Perth WA 6005 Website www.ax8.com.au Accelerate Resources Limited | ASX:AX8 | Investor